๐ $AAVE /USDC BEARISH SETUP โ PRICE WEAKNESS AFTER KEY REJECTION! ๐ป
๐ Current Price: $266.79
๐ด 24H Change: -4.39%
$AAVE is showing bearish momentum after a sharp rejection from resistance at $279. A breakdown from minor support signals potential for further downside. Sellers are dominating.
๐ Key Levels:
Resistance Levels:
๐บ $279.00 โ Local high and major resistance
๐บ $285.00 โ Strong resistance from previous supply zone
Support Levels:
๐ป $258.00 โ Intraday low and first support
๐ป $245.00 โ Key demand zone if breakdown continues
๐งจ Trade Setup (Short):
๐ Entry: $266 โ $268
๐ Stop Loss: $279 (Above resistance)
๐ฏ Take Profits:
TP1: $258
TP2: $245
๐งฎ Risk-Reward Ratio: ~1:2.5
โ ๏ธ Risk Management:
โ Risk only 1-2% per trade
โ Stick to SL, don't average down
โ Move SL to breakeven once TP1 is hit
๐จ Trend favors bears โ stay sharp & trade with discipline! ๐
#NFPWatch #TrumpVsMusk #StrategyBTCPurchase #TradeStories #OneBigBeautifulBill $AAVE